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Dec 9, 2012
12/12
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we have obama levels of spending. if we are going to pay for that, some democrats are admitting, taxes have to go up on not just the top 2%, it has to be everybody. during the bush years from 2000 to 2007, the top 1% paid $84 billion more in revenue in 2007 than 20006789 their share of the overall tax burden went up. the bottom half of the country, their share of income tax revenue went down from 3.9 to 2.9%. they paid 6 billion less. economic growth is important. there's a lot of ways to get economic growth. clinton benefited from the dot com bubble as well. yes, it would be great to have the clinton economy. if we had clinton tax rates and spending levels, republicans would be fine with that. >> there's a lot to get to in that. a lot of people want to jump in and they are going to when we come back. obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large profess
we have obama levels of spending. if we are going to pay for that, some democrats are admitting, taxes have to go up on not just the top 2%, it has to be everybody. during the bush years from 2000 to 2007, the top 1% paid $84 billion more in revenue in 2007 than 20006789 their share of the overall tax burden went up. the bottom half of the country, their share of income tax revenue went down from 3.9 to 2.9%. they paid 6 billion less. economic growth is important. there's a lot of ways to get...
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Dec 8, 2012
12/12
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now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states hardest hit say the money is just a start. with the fiscal cliff looming the staff is sure to face some resistance on capitol hill. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join the party in the home of president obama. crist ran for the u.s. senate as an independent in 2010, but was defeated by marco rubio. some are speculating this move is in preparation for another
now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states...
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Dec 12, 2012
12/12
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president obama also recommends $400 billion in spending cuts. representative boehner's calls for $800 billion in new revenue, $600 billion in savings from medicare and medicaid, and $300 billion from other domestic programs. in a big slip for small business, confidence took a tumble in november. the national federation of independent business says its confidence index of small biz owners dropped 5.6 points last month - that's one of the largest drops the study has ever shown. the group says the fiscal fiasco in washington, along with the upcoming healthcare overhaul, is shattering optimism within the sector. however, it's not all doom and gloom. some business owners are expecting better sales and improving credit conditions in the new year. if you've had a positive experience at a jp morgan bank of late, you're not alone. the nation's largest bank by assets has jumped to first place in the american customer satisfaction index, edging out perennial favorite wells fargo. the survey interviews 70,000 customers each year on their satisfaction levels
president obama also recommends $400 billion in spending cuts. representative boehner's calls for $800 billion in new revenue, $600 billion in savings from medicare and medicaid, and $300 billion from other domestic programs. in a big slip for small business, confidence took a tumble in november. the national federation of independent business says its confidence index of small biz owners dropped 5.6 points last month - that's one of the largest drops the study has ever shown. the group says...
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Dec 9, 2012
12/12
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WBAL
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let's hope and pray that thelma and louise are not boehner and obama. my own favorite clip is mount rushmore, "north by northwest," the hitchcock great with cary grant pursued by spies. the survival is never in doubt. not sure if that's true now. when we return, the hillary clinton for 2016 talk is ready to roar. scoops and predictions. chris: we just re-elected barack obama but the hillary for president talk is getting loud. last week she spoke at a washington think tank and here's a part of her introduction that night. she has taken her life experience in politics as a mother, as a senator, and put that all together in the pinnacle up to now of her public service which is endeared her to millions and millions of people all over the world. ♪ girl you're amazing just the way you are ♪ >> the best is yet to come. chris: you can't top that, can you, but add a new abc "the washington post" poll showing that 60% of the country supports hillary for president, across both parties, men and women. contrast that with eight years ago, before she ran last time
let's hope and pray that thelma and louise are not boehner and obama. my own favorite clip is mount rushmore, "north by northwest," the hitchcock great with cary grant pursued by spies. the survival is never in doubt. not sure if that's true now. when we return, the hillary clinton for 2016 talk is ready to roar. scoops and predictions. chris: we just re-elected barack obama but the hillary for president talk is getting loud. last week she spoke at a washington think tank and here's a...
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business guy and barack obama was the socialist right there or that certainly was that's the way some people right i mean that was the way we have spun in a lot of different circles but i think the really big business is they know how to play the market right so they're going to they're not going to put all their bet are there not to put all their chickens or eggs in one basket yet chickens and when i go there they're going to put all their eggs in one basket we saw that most big businesses actually canceled out their own donations by donating to both campaigns and i think that a large misconception is that republicans are the only ones that are in or that are in really close communication with big business democrats are as well i mean even the hillary clinton quote you played earlier showed that when her husband bill clinton was the governor of arkansas he spoke to the former president of wal-mart on a weekly basis in that they socialized quite frequently so i think that democrats also speak on a pretty regular basis with business of a. and certainly get a lot of funding from busines
business guy and barack obama was the socialist right there or that certainly was that's the way some people right i mean that was the way we have spun in a lot of different circles but i think the really big business is they know how to play the market right so they're going to they're not going to put all their bet are there not to put all their chickens or eggs in one basket yet chickens and when i go there they're going to put all their eggs in one basket we saw that most big businesses...
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Dec 10, 2012
12/12
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speak aboutg to barack obama. we had a fair amount of good luck and an economy that -- is not the future figure. will have to see about that. thank you very much. the u.s. has been shaped by 3 for reaching political revolutions. jefferson. revolution of 1800. the civil war and events surrounding it and the new deal. events of the new deal extend through webre ii in my opinion. each of these appeals concluded with lasting institutional and cultural adjustment for faces in economic development. the u.s. could not have developed into the multiracial, multiethnic superpower that we know today without the appeared full -- upheavals that facilitated prentixx biogen and laid the basis for the regulatory and entitlement state in the 1930's and 1940's. are we on the verge of a new upheaval, a fourth revolution that will reshape politics for decades to come? there are signs that suggest we are. what kind of revolution or people? barack obama and his supporters with the reelection campaign behind them are entitled to think t
speak aboutg to barack obama. we had a fair amount of good luck and an economy that -- is not the future figure. will have to see about that. thank you very much. the u.s. has been shaped by 3 for reaching political revolutions. jefferson. revolution of 1800. the civil war and events surrounding it and the new deal. events of the new deal extend through webre ii in my opinion. each of these appeals concluded with lasting institutional and cultural adjustment for faces in economic development....
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the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! n we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medica plan... your effortresult in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, gndma! [ male announcer ] humana. ♪ lou: treasury secretary today said the obama administration is now willing to go over the fiscal cliff. moody's chi
the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! n we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses,...
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Dec 9, 2012
12/12
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and according to the official final florida total, barack obama did when the state of florida barely edging out al gore. another problem for our state. florida, you can spell it without the. and honestly, if you go to that date county election bureau official website it says election ready. it does. almost impossible this could happen. twelve years ago. everyone remembers 2000. they could not figure out which will. people of florida, if you are behind -- year in a left turn lane with and marijuana pointing left and behind a car, usually is to people in the 1998 buick. a light changes, there's a green arrow pointing left. with the flock. usually have to wait a couple of cycles. what i want to do is to make it more friendly for florida voters. instead of using words, pictures. you would go by poking under candid it's eyeballs. follow what happened, the poke up their own eyeballs. the ballot was really, really long. long questions are written by lawyers from mars. at first it was an english, and then it was in spanish. then it was in creole and then calling on. by the time you get to th
and according to the official final florida total, barack obama did when the state of florida barely edging out al gore. another problem for our state. florida, you can spell it without the. and honestly, if you go to that date county election bureau official website it says election ready. it does. almost impossible this could happen. twelve years ago. everyone remembers 2000. they could not figure out which will. people of florida, if you are behind -- year in a left turn lane with and...
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Dec 11, 2012
12/12
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bush, barack obama, hillary clinton? none of the above? the answer is coming up in tonight's rewrite. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects in
bush, barack obama, hillary clinton? none of the above? the answer is coming up in tonight's rewrite. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they...
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Dec 8, 2012
12/12
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obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> you hear what he said? a lot of things are possible. that may not sound like much where you're from, but here in washington, it sounds suspiciously like code for we're making progress. more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? "outfront," two men who know taxes very well. douglas holtz-ekin
obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists...
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Dec 6, 2012
12/12
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they are reduced to the hope that obama overreach and overplayed his hand. stuff on the debt ceiling irritated him. he demanded he had unilateral control -- >> eternity. >> it was a huge overreach. something they could point to. that said the president is going beyond what he campaigned on. in terms of the result, republicans said to me it's hard to envision ultimate scenario in which tax rates for the top bracket don't go up. >> bret: constitutionally, judge, the debt ceiling and that limit, that vote, has to -- >> it those be a vote. a vote by the congress since they began borrowing money in the wilson administration. no president argued or triggered borrowing money without approval from the congress. a statute. if the president attempted to borrow money, any member of congress can go to a federal judge and get them enjoyed in an hour. >> bret: do you think it should be part of the negotiation? part of the republicans' leverage? >> you are talking to somebody who believes that the government should not borrow any money under any circumstances unless it wer
they are reduced to the hope that obama overreach and overplayed his hand. stuff on the debt ceiling irritated him. he demanded he had unilateral control -- >> eternity. >> it was a huge overreach. something they could point to. that said the president is going beyond what he campaigned on. in terms of the result, republicans said to me it's hard to envision ultimate scenario in which tax rates for the top bracket don't go up. >> bret: constitutionally, judge, the debt ceiling...
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Dec 13, 2012
12/12
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obama's personal rating has bumped up to 53%. the house speaker's personal rating remains 10 points underwater, just 19% view boehner positively. and though republicans have a positive impress of boehner, he's not the rock star in the party. compare his rating among republicans to congressman paul ryan's. and while boehner has a net positive amongs gop, ryan's is a net 50 points. ryan may not challenge boehner soon but it explains why he is watching his back. here's congressman chris van hollen yesterday. >> i'm getting increasingly concerned that one of of the reasons that i speaker i think is deciding to string out these discussions is that he wants to wait until january 3rd when the election for speaker takes place. >> an aide to boehner dismissed the assertion saying, quote, that's nutty. while president obama has the upper hand, it's not a blowout the bickering over the fiscal cliff has the country even more pessimistic about all of its leader and that's extends to the president. 69% are convinced next year will bring more o
obama's personal rating has bumped up to 53%. the house speaker's personal rating remains 10 points underwater, just 19% view boehner positively. and though republicans have a positive impress of boehner, he's not the rock star in the party. compare his rating among republicans to congressman paul ryan's. and while boehner has a net positive amongs gop, ryan's is a net 50 points. ryan may not challenge boehner soon but it explains why he is watching his back. here's congressman chris van hollen...
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Dec 11, 2012
12/12
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MSNBCW
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bush, barack obama, hillary clinton? none of the above? the answer is coming up in tonight's rewrite. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> we had a lot of candidates, quite frankly, that did dumb things out there. once the candidate wins the primary, becomes the
bush, barack obama, hillary clinton? none of the above? the answer is coming up in tonight's rewrite. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose....
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Dec 6, 2012
12/12
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MSNBC
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he and president obama are battling the air war right now. this is all about rejoiner to what i call the president's tour of 2012. the president making an announcement at business round table, meeting with ceos who voted for romney, showing he's bipartisan. john boehner now making the fairness argument? it's a shocking turn of events but a testament to the fact that the republicans know optics are not in their favor. >> here's where it looks like it's heading. republicans float i think a face-saver in the new york times. quote, if no deal can be struck to avert the bush era tax cuts and onset of deep across the board spending cuts gop leadership could foresee taking up and passing legislation this month to extend the tax cuts for the middle class and then resume the bitter fight over spending and taxes as the nation approaches the next hard deadline and statutory barring. that's the debt ceiling coming up later this year, early part of next year. here's the question right now, governor. it seems that's a face saver because they say taxes defe
he and president obama are battling the air war right now. this is all about rejoiner to what i call the president's tour of 2012. the president making an announcement at business round table, meeting with ceos who voted for romney, showing he's bipartisan. john boehner now making the fairness argument? it's a shocking turn of events but a testament to the fact that the republicans know optics are not in their favor. >> here's where it looks like it's heading. republicans float i think a...
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i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion deficit. they will come to a deal. but right now, it's political theater. and it's probably going to look like the simpson-bowles. that will come full-circle again. >> here's a problem the republicans have got themselves into. is obama has been very clever here, the president. i think what he's done is skillfully said to the public, if he goes over the fiscal cliff, the republicans are prepared to make the entire middle class to pay more tax to save 2% of the wealthiest americans paying a little bit more. and that's a very bad position for the republicans to find themselves in, isn
i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion deficit. they will come to...
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Dec 6, 2012
12/12
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MSNBC
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president obama came in to right things. he's been doing it, gradually getting us to forget how bad things were. they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on
president obama came in to right things. he's been doing it, gradually getting us to forget how bad things were. they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on
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Dec 7, 2012
12/12
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the obamas pushed the button to light up the big blue spruce. some 17,000 people were on hand last night for the 90th annual tree lighting ceremony. >>> police in springfield, massachusetts are on the lookout for a jogger who runs in the buff. they say people on their way to work wednesday morning reported a man, probably in his 50s, running without any clothes on. no shoes either. police say they're concerned about why he's doing it and that he's reportedly done it before. >>> a packed hour ahead on "early start," including breaking news out of japan. a tsunami warning in the same area where the big one hit as another earthquake strikes off the coast shaking buildings for minutes. >>> it can be one of the most exciting plays in football and one of the most dangerous. could kickoffs become a thing of the past to save players a future of pain? we'll talk about that with former linebacker chris draft. >>> and two weeks before christmas, is this portrait of christ weeping? first reporting for duty, south carolina right on cue, the twitter campaign
the obamas pushed the button to light up the big blue spruce. some 17,000 people were on hand last night for the 90th annual tree lighting ceremony. >>> police in springfield, massachusetts are on the lookout for a jogger who runs in the buff. they say people on their way to work wednesday morning reported a man, probably in his 50s, running without any clothes on. no shoes either. police say they're concerned about why he's doing it and that he's reportedly done it before....
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Dec 6, 2012
12/12
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president obama came in to right things. he's been doing it, gradually getting us to forget how bad things were. they don't blame
president obama came in to right things. he's been doing it, gradually getting us to forget how bad things were. they don't blame
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Dec 5, 2012
12/12
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now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise taxes a little bit more, what happens to the economy? >> steve: so many people have been forecasting that the president does raise rates, couple of years ago, he said during a recession, that's the worst time to jack up rates. now we're not technically in a recession, but we're in a very soft edge. >> watch out, steve, 'cause here it comes, a little bit more. >> steve: thank you very much. stuart varney doesn't do show tunes, but does talk about the news of the day and politics and everything over on fox business exactly two hours and two minutes fr
now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise...
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Dec 6, 2012
12/12
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CNBC
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president obama thinks they're about fairness. most americans, solid majority, want to see taxes raised on those upper income americans, even though only 19% think it will have much of an impact on deficits. it's not about the fiscal crisis. it's about fairness in the minds of most americans. president obama understands that and republicans don't. >> is that because in your polling day, i always thought that people favored spending reduction and favored smaller government. this may be a mistake that the gop has not emphasized spending cuts. >> they certainly do. most people -- two out of three people want to see a deal that includes both tax hikes and spending cuts. they want to see more spending cuts, but they don't expect spending cuts to come out of this no matter what happens. in fact, the one thing that most people in the middle class believe is that regardless of whether we go over the fiscal cliff or whether a deal is reached to avert that, middle class taxes are going up, and so is spending. so there's a lot of cynicism in
president obama thinks they're about fairness. most americans, solid majority, want to see taxes raised on those upper income americans, even though only 19% think it will have much of an impact on deficits. it's not about the fiscal crisis. it's about fairness in the minds of most americans. president obama understands that and republicans don't. >> is that because in your polling day, i always thought that people favored spending reduction and favored smaller government. this may be a...
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Dec 6, 2012
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president obama just responded to this. we're live in michigan tonight. >>> and it's a political battle for the ages. we'll tell you why first lady michelle obama and former president bill clinton are going head to head. you're watching "politicsnation" on msnbc. >>> i just spotted mitt romney at costco again. go ahead and return that oval rug you ordered. [ male announcer ] now's the perfect time to buy an adjustable version of the most highly recommended bed in america. the tempur-pedic ergo system. treat yourself to the ultimate sleep experience and save up to $400 during the tempur ergo savings event. plus visit tempurpedic.com for full details on our 0% apr financing with up to five years to pay. don't wait. five-year special financing ends december 10th. visit tempurpedic.com now. tempur-pedic. the most highly recommended bed in america. >>> have you joined it the "politicsnation" conversation on facebook yet? we hope you will. today everyone was speculating about what jim demint's resignation means with the tea party
president obama just responded to this. we're live in michigan tonight. >>> and it's a political battle for the ages. we'll tell you why first lady michelle obama and former president bill clinton are going head to head. you're watching "politicsnation" on msnbc. >>> i just spotted mitt romney at costco again. go ahead and return that oval rug you ordered. [ male announcer ] now's the perfect time to buy an adjustable version of the most highly recommended bed in...
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Dec 7, 2012
12/12
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president obama came in to right
president obama came in to right
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Dec 10, 2012
12/12
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. >>> president obama is campaigning and republicans are considering. will the president gain a small victory on taxes or a big deal. >>> and we have the annual list of the most notable quotes of the year, the verbal gaffes forever. the list is fool of bloopers like legitimate rape and etch-a-sket etch-a-sketch. let's see if you can guess which verbal stupble made the top of the list. >>> let me finish with the key percentages of the year. remember 1%? remember 8%? and, of course, 47%. this is "hardball," the place for politics. [ loud party sounds ] hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep
. >>> president obama is campaigning and republicans are considering. will the president gain a small victory on taxes or a big deal. >>> and we have the annual list of the most notable quotes of the year, the verbal gaffes forever. the list is fool of bloopers like legitimate rape and etch-a-sket etch-a-sketch. let's see if you can guess which verbal stupble made the top of the list. >>> let me finish with the key percentages of the year. remember 1%? remember 8%?...
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revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies. one says we're spending too much. the other saying we're not spending enough. that's hurting our economy. obviously, the last four years have been more focused on the spending. we continue to pile up more and more debt, we've crossed 100% of debt to gdp. >> but you're line of thinking, i feel like we end up in a situation where all you doe is keep cutting taxes. you start to have a revenue problem. you give a payroll tax, you don't want to tack it away. you keep giving out things and never take them back. >> well, that's the same thing we do on the spending side. >> all those agencies -- is now st
revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies....
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we live in the obama era. not the john boehner era. >> the other thing, john, is the potential political blood that could be spilled. if the president gets tax hikes, which he can do, a couple of different ways. he could muscle this through by the end of the year. then all of a sudden you face another debt ceiling debate, where the republicans can use that to try to extract concessions. and then we get into another standoff again after the first of the year. >> that's why there's a split in the white house when it comes to the debt ceiling. one camp says the debt ceiling has to be part of the deal now because we can't risk it being part of it, shaking confidence. then we'll have the question of credit rating agencies, how they'll respond. and then another camp says, no, let's make it part of the negotiations. let's wait until next year. and we'll get the pressure from the business community is going to be threatening. and so they're not sure which way this is going to shake out. and that's why the president ac
we live in the obama era. not the john boehner era. >> the other thing, john, is the potential political blood that could be spilled. if the president gets tax hikes, which he can do, a couple of different ways. he could muscle this through by the end of the year. then all of a sudden you face another debt ceiling debate, where the republicans can use that to try to extract concessions. and then we get into another standoff again after the first of the year. >> that's why there's a...
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america does not want to vote for obama. hmm, i hope this review goes better than the election predictions. joining me now, washington correspondent for news week and dana millbank, columnist for the washington post. thank you both for being here. >> hi, reverend. >> so the republicans have a blue ribbon panel. do you think they are ready to learn the lessons of this election? >> i think that you can disregard everything these guys said leading up to the election because they talk a good game and they have to have the, you know, bravado and whatnot. now, they really want to be back in power. and they've got to sit down and hammer out what's going to get them there. the problem is, the party can't decide. half of them think it's because mitt romney is too liberal and wasn't enough of a kind of d distinction from obama and half of them think he was just a lousy kacandidate for others reasons and maybe may should have gone with -- i don't know. jeb bush? part of the problem here is that the party itself can't decide what it wan
america does not want to vote for obama. hmm, i hope this review goes better than the election predictions. joining me now, washington correspondent for news week and dana millbank, columnist for the washington post. thank you both for being here. >> hi, reverend. >> so the republicans have a blue ribbon panel. do you think they are ready to learn the lessons of this election? >> i think that you can disregard everything these guys said leading up to the election because they...